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Economy

Democracy Now! stories, posts and pages that relate to U.S. Economy

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  • Ows_occupy_ports_west_coast
    The Occupy Wall Street movement moved from the streets to the docks on Monday with a series of actions along the West Coast, including San Diego, Long Beach, Los Angeles, Oakland, San Diego, Portland, Tacoma, Longview, Seattle, Bellingham, Anchorage and Vancouver. Many actions led to confrontations with police, resulting in scores of arrests, and in some cases, the use of pepper spray and flash grenades on demonstrators. Several ports were...
    December 13, 2011 | Story
  • Splash_image20111205-10294-1ntux65-0
    Some 1,000 police officers raided the Occupy Los Angeles encampment in a park outside City Hall overnight, arresting scores of people and evicting what has been the largest Occupy camp in the country. Meanwhile, Occupy Philadelphia protesters vacated their encampment this morning after more than a thousand police moved in and warned them of mass arrests. We get eyewitness updates on both raids from National Lawyers Guild legal observer Ken...
    November 30, 2011 | Story
  • Ows_occupy_wall_street_web
    How does the Occupy Wall Street movement move from "the outrage phase" to the "hope phase," and imagine a new economic model? In a Democracy Now! special broadcast, we bring you excerpts from a recent event that examined this question and much more. "Occupy Everywhere: On the New Politics and Possibilities of the Movement Against Corporate Power," a panel discussion hosted by The Nation magazine and The New School...
    November 25, 2011 | Story
  • Amys_column_default_640x360_2014
    Even though Heather Carpenter was outside of Citibank, a plainclothes officer had identified her as an Occupy Wall Street protester. She said she was a customer and showed her receipt. To her shock, as documented by video, Heather was grabbed from behind by a plainclothes officer who began forcing her into the bank. She screamed, but within seconds disappeared into the vestibule, surrounded by a dozen cops, where she was roughly handcuffed and...
    November 23, 2011 | Columns & Articles
  • Splash_image20111205-10294-nkl9yg-0
    American "vulture" investors, including a top funder of the Republican Party, have demanded that African nations pay over half a billion dollars for old debts, for which the investors paid only a few million. One New York vulture speculator, Peter Grossman of FG Capital Management, is demanding $100 million from the Democratic Republic of Congo. Is he collecting a legitimate debt from the Congo, or is the vulture’s claim based...
    November 22, 2011 | Story
  • Splash_image20111205-19466-5i8cdr-0
    The bipartisan so-called "supercommittee" has failed to reach an agreement on reducing the federal deficit after three months of negotiations over taxes and spending. The full Congress will now have a little over a year to come up with an alternative. A trigger of $1.2 trillion in automatic spending cuts over 10 years to military and domestic programs takes effect in 2013. "What people need to remember is that we are a rich...
    November 22, 2011 | Story
  • Uc-davis_pepper-spray
    A video that spread rapidly online shows University of California, Davis, campus police officers pepper-spraying student protesters at close range on Friday at point-blank range as they sat together to protest the dismantling of the "Occupy UC Davis" encampment. The two officers involved in the incident were placed on administrative leave, and the incident has sparked calls for the resignation of UC Davis Chancellor Linda Katehi, who...
    November 21, 2011 | Story
  • Splash_image20111118-31125-12f8qt4-0
    The Occupy Wall Street movement entered its third month Thursday with protests against the economic system in dozens of cities across the country. Reports estimated some 300 people were arrested nationwide, with the majority of the arrests taking place in New York City when protesters attempted to shut down the New York Stock Exchange. "We effectively shut down Wall Street this morning. We did it with our stories, with our bodies, with...
    November 18, 2011 | Story
  • Splash_image20111118-2495-1tzp5b7-0
    Two months ago, legendary hip-hop entrepreneur Russell Simmons was one of the first high-profile public supporters to come to the Occupy Wall Street encampment at Zuccotti Park in Lower Manhattan. Thursday morning, he was there again to speak to Democracy Now! host Amy Goodman. "We don’t want Wall Street to control our future, and that’s why we’re on Wall Street. And what we’d like is for the people to control...
    November 18, 2011 | Story
  • Splash_image20111118-2492-qdow3d-0
    Among the many Occupy protests throughout New York City yesterday was a rally that attracted more than a thousand students to Union Square, a public park with a long history of political demonstrations. During a march out of the park, hundreds of people thronged into the street and attempted to occupy a New School building. We speak with a New York University student participating in the march and a New School professor who has incorporated...
    November 18, 2011 | Story